Most Powerful Women: Asia-Pacific

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Six different countries are represented this year—but mainland China takes the lion’s share, with 11 spots on our 2015 list, up from 10 last year. Another big change: More and more of our MPWs are self-made businesswomen with no political connections or ties.

Wu Yajun

Chairman, Longfor properties, 51

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Photograph by Jerome Favre—Bloomberg via Getty Images

The property market may have cooled in China, but it still makes for good business. Longfor, the real estate firm Yajun founded with her (now-ex) husband in 1994, saw revenues climb 22% to $8.3 billion in 2014, while profits grew 13%. The company develops properties in 24 first and second tier Chinese cities, including lifestyle projects like its “Paradise Walk” malls. Longfor has worked to adjust to the slowing economy by strengthening inventory management. And Yajun assures investors that urban migration is a wave Longfor can ride for many years to come. —Erika Fry